According to the latest data, bitcoin miners pulled in $ 815.7 million from rewards and fees in September, marking their lowest earnings month of 2024, with $ 35.66 million less than August’s haul. Bitcoin Miners Earn $ 815.7M in September, Lowest Monthly Total of 2024 September was a tough month for bitcoin …
In July, bitcoin miners earned $ 951.11 million, marking the lowest monthly revenue of the year. Out of this total, $ 24.9 million was generated from transaction fees, reflecting a trend of low onchain fees. July Bitcoin Mining Revenue Plummets to a 2024 Low The month was particularly challenging for bitcoin miners, as …
Since July 1, the average transaction fee on the Bitcoin blockchain has remained below $ 2, with current onchain fees at 15.5 satoshis per virtual byte (sat/vB), translating to $ 1.54 per transfer. Bitcoin Fees Hit 10-Month Low Onchain Bitcoin fees have fallen to levels not seen since October 2023, spanning more than …
After two consecutive months of record-breaking revenue, bitcoin miners experienced a significant downturn in earnings in May, a level not seen since October 2023. In April, miners generated $ 1.79 billion, whereas May’s figures show a considerably lower revenue of approximately $ 964.24 million. Sharp Decline in Bitcoin Miner Revenue in May Bitcoin …
The U.S. dollar value of the cryptocurrency ether is predicted to end the year averaging $ 1,840 and $ 5,824 by the end of 2025, the latest Finder’s prediction report has said. Regulatory uncertainty and a challenging macroeconomic environment are likely to cause ether’s drop to “an average lowest price of $ …